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Posted: 4/22/2013 4:53:21 AM EST
People walk by an electronic stock board of a securities firm showing Japan's benchmark Nikkei stock exchange surged 261.88 to 1,578.36 in Tokyo Monday, April 22, 2013. Asian markets traded higher Monday, with Tokyo stock markets heading close to a five-year high after a meeting of global finance leaders lent support to Japan's aggressive monetary policy. The Nikkei index rose after a statement by finance ministers and central bank presidents from the world's biggest economies appeared to give its blessing to aggressive credit-easing moves pushed by Japanese Prime Minister Shinzo Abe, saying they were intended to stop prolonged deflation and support domestic demand. (AP Photo/Koji Sasahara)
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Posted: 4/3/2013 4:03:22 AM EST
People cross a street in front of the Bank of Japan headquarters in Tokyo Wednesday, April 3, 2013. Japan's central bank is holding its first policy meeting under a new governor amid expectations of fresh moves to ease monetary policy and spur a recovery in the world's third-largest economy. Haruhiko Kuroda took the helm at the Bank of Japan on March 19, vowing to do whatever it takes to break Japan's economy out of deflation and attain a 2 percent inflation target. (AP Photo/Shizuo Kambayashi)
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Posted: 4/3/2013 4:03:22 AM EST
A man walks by the Bank of Japan headquarters in Tokyo Wednesday, April 3, 2013. Japan's central bank is holding its first policy meeting under a new governor amid expectations of fresh moves to ease monetary policy and spur a recovery in the world's third-largest economy. Haruhiko Kuroda took the helm at the Bank of Japan on March 19, vowing to do whatever it takes to break Japan's economy out of deflation and attain a 2 percent inflation target. (AP Photo/Shizuo Kambayashi)
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Posted: 4/3/2013 4:03:21 AM EST
People leave the Bank of Japan headquarters in Tokyo Wednesday, April 3, 2013. Japan's central bank is holding its first policy meeting under a new governor amid expectations of fresh moves to ease monetary policy and spur a recovery in the world's third-largest economy. Haruhiko Kuroda took the helm at the Bank of Japan on March 19, vowing to do whatever it takes to break Japan's economy out of deflation and attain a 2 percent inflation target. (AP Photo/Shizuo Kambayashi)
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Posted: 3/28/2013 10:23:30 PM EST
People cross a street in Tokyo, Friday, March 29, 2013. Japan's jobless rate edged higher and industrial production fell slightly in February as consumer prices also fell, underscoring the fragility of the recovery of the world's third-largest economy. The government data released Friday showed the main consumer price index fell 0.3 percent from a year earlier as deflation continued to defy the combined efforts of the government and central bank to move toward a 2 percent inflation target. (AP Photo/Shuji Kajiyama)
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Posted: 3/28/2013 10:23:30 PM EST
Commuters on escalators head to workplaces in Tokyo, Friday, March 29, 2013. Japan's jobless rate edged higher and industrial production fell slightly in February as consumer prices also fell, underscoring the fragility of the recovery of the world's third-largest economy. The government data released Friday showed the main consumer price index fell 0.3 percent from a year earlier as deflation continued to defy the combined efforts of the government and central bank to move toward a 2 percent inflation target. (AP Photo/Shuji Kajiyama)
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Posted: 3/28/2013 10:23:30 PM EST
People cross a street in Tokyo, Friday, March 29, 2013. Japan's jobless rate edged higher and industrial production fell slightly in February as consumer prices also fell, underscoring the fragility of the recovery of the world's third-largest economy. The government data released Friday showed the main consumer price index fell 0.3 percent from a year earlier as deflation continued to defy the combined efforts of the government and central bank to move toward a 2 percent inflation target. (AP Photo/Shuji Kajiyama)
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Posted: 3/1/2013 3:33:27 AM EST
FILE - In this Oct. 26, 2012 file photo, a woman shops at a discount drugstore in Tokyo. Japan reports that its chronic deflation persisted in January, with consumer prices falling 0.2 percent from a year earlier, though the employment situation showed a modest improvement. (AP Photo/Koji Sasahara, File)
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Posted: 10/30/2012 5:32:16 AM EST
Bank of Japan Governor Masaaki Shirakawa attends a news conference in Tokyo October 30, 2012. The Bank of Japan expanded its asset purchases by 11 trillion yen ($138 billion) on Tuesday, easing monetary policy for the second straight month amid heightened pressure for bolder action to fight deflation and support an economy on the cusp of recession. REUTERS/Yuriko Nakao
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Posted: 4/26/2012 11:24:55 PM EST
A man enters an electronics store in Tokyo April 26, 2012. Japan's core consumer prices rose 0.2 percent in March from a year earlier due to higher energy costs, but analysts say the country's escape from deflation is years away. Picture taken April 26, 2012. REUTERS/Toru Hanai (JAPAN - Tags: BUSINESS SOCIETY)
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Posted: 4/26/2012 11:22:42 PM EST
A woman walks past a drugstore in Tokyo April 26, 2012. Japan's core consumer prices rose 0.2 percent in March from a year earlier due to higher energy costs, but analysts say the country's escape from deflation is years away. Picture taken April 26, 2012. REUTERS/Toru Hanai (JAPAN - Tags: SOCIETY BUSINESS)
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Posted: 4/26/2012 11:19:07 PM EST
A man looks at purchase prices of games and DVDs in Tokyo April 26, 2012. Japan's core consumer prices rose 0.2 percent in March from a year earlier due to higher energy costs, but analysts say the country's escape from deflation is years away. Picture taken April 26, 2012. REUTERS/Toru Hanai (JAPAN - Tags: BUSINESS SOCIETY)
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Posted: 4/26/2012 11:12:30 PM EST
A man walks under an advertisement banner (top) reading "Maximum price for 24 hours of parking 1,200 yen" at a parking lot in Tokyo April 26, 2012. Japan's core consumer prices rose 0.2 percent in March from a year earlier due to higher energy costs, but analysts say the country's escape from deflation is years away. Picture taken April 26, 2012. REUTERS/Toru Hanai (JAPAN - Tags: BUSINESS SOCIETY)
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Posted: 3/30/2012 7:15:04 AM EST
Daiwa Institute of Research Chairman Toshiro Muto poses after an interview with Reuters in Tokyo March 30, 2012. The Bank of Japan needs to - and likely will - ease monetary policy further even if the economy recovers, as any pickup in growth will be too small to pull the country out of deflation in the foreseeable future, the former BOJ Deputy Governor Muto said. To match Interview JAPAN-ECONOMY/BOJ REUTERS/Yuriko Nakao (JAPAN - Tags: HEADSHOT BUSINESS EMPLOYMENT)
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Posted: 3/30/2012 7:12:41 AM EST
Daiwa Institute of Research Chairman Toshiro Muto speaks during an interview with Reuters in Tokyo March 30, 2012. The Bank of Japan needs to - and likely will - ease monetary policy further even if the economy recovers, as any pickup in growth will be too small to pull the country out of deflation in the foreseeable future, the former BOJ Deputy Governor Muto said. To match Interview JAPAN-ECONOMY/BOJ REUTERS/Yuriko Nakao (JAPAN - Tags: BUSINESS EMPLOYMENT)
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Posted: 3/30/2012 7:11:01 AM EST
Daiwa Institute of Research Chairman Toshiro Muto speaks during an interview with Reuters in Tokyo March 30, 2012. The Bank of Japan needs to - and likely will - ease monetary policy further even if the economy recovers, as any pickup in growth will be too small to pull the country out of deflation in the foreseeable future, the former BOJ Deputy Governor Muto said. To match Interview JAPAN-ECONOMY/BOJ REUTERS/Yuriko Nakao (JAPAN - Tags: BUSINESS EMPLOYMENT)
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Posted: 3/30/2012 7:01:20 AM EST
Daiwa Institute of Research Chairman Toshiro Muto speaks during an interview with Reuters in Tokyo March 30, 2012. The Bank of Japan needs to - and likely will - ease monetary policy further even if the economy recovers, as any pickup in growth will be too small to pull the country out of deflation in the forseeable future, the former BOJ Deputy Governor Muto said. To match Interview JAPAN-ECONOMY/BOJ REUTERS/Yuriko Nakao(JAPAN - Tags: HEADSHOT BUSINESS)
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Posted: 3/30/2012 6:59:38 AM EST
Daiwa Institute of Research Chairman Toshiro Muto speaks during an interview with Reuters in Tokyo March 30, 2012. The Bank of Japan needs to - and likely will - ease monetary policy further even if the economy recovers, as any pickup in growth will be too small to pull the country out of deflation in the forseeable future, the former BOJ Deputy Governor Muto said. To match Interview JAPAN-ECONOMY/BOJREUTERS/Yuriko Nakao(JAPAN - Tags: BUSINESS HEADSHOT EMPLOYMENT)
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Posted: 3/13/2012 4:05:07 AM EST
Pedestrians cross a street in front of the Bank of Japan (BOJ) headquarters building in Tokyo March 13, 2012. BOJ Governor Masaaki Shirakawa said on Tuesday the central bank will continue to do its utmost to beat deflation but stressed that the government and private sector must also make efforts to boost the country's potential growth. REUTERS/Yuriko Nakao (JAPAN - Tags: POLITICS BUSINESS EMPLOYMENT)
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Posted: 3/13/2012 4:02:24 AM EST
Bank of Japan Governor Masaaki Shirakawa is pictured during a news conference in Tokyo March 13, 2012. BOJ Governor Shirakawa said on Tuesday the central bank will continue to do its utmost to beat deflation but stressed that the government and private sector must also make efforts to boost the country's potential growth. The red part on the left is caused by an indicator lamp on a photographer's flash. REUTERS/Yuriko Nakao (JAPAN - Tags: POLITICS BUSINESS EMPLOYMENT)
